Carlton County, MN
Housing, jobs, water, deposits and federal obligations for this county, each figure with the release it came from. Internal point 46.60, -92.67.
Assembled 2026-10-20. Read the brief.
- 70th pct · 917th of 3,063 US counties · median $230,451
- 61st pct · 34th of 87 Minnesota counties · median $270,028
- counties in the Duluth metro: Rank context is unavailable: the manifest lists 3 counties in the Duluth metro; fewer than 5 is too few to rank.
- 65th pct · 1,044th of 3,062 US counties · median +2.9%
- 59th pct · 36th of 87 Minnesota counties · median +3.5%
- counties in the Duluth metro: Rank context is unavailable: the manifest lists 3 counties in the Duluth metro; fewer than 5 is too few to rank.
- US counties: not published this period
- Minnesota counties: not published this period
- counties in the Duluth metro: Rank context is unavailable: the manifest lists 3 counties in the Duluth metro; fewer than 5 is too few to rank.
- 60th pct · 1,266th of 3,221 US counties · median 8,232
- 62nd pct · 33rd of 87 Minnesota counties · median 7,739
- counties in the Duluth metro: Rank context is unavailable: the manifest lists 3 counties in the Duluth metro; fewer than 5 is too few to rank.
- 65th pct · 1,118th of 3,221 US counties · median $1,039
- 59th pct · 35th of 87 Minnesota counties · median $1,102
- counties in the Duluth metro: Rank context is unavailable: the manifest lists 3 counties in the Duluth metro; fewer than 5 is too few to rank.
- 67th pct · 991st of 3,063 US counties · median 4.2
- 63rd pct · 32nd of 87 Minnesota counties · median 4.6
- counties in the Duluth metro: Rank context is unavailable: the manifest lists 3 counties in the Duluth metro; fewer than 5 is too few to rank.
Typical home value divided by the average annual wage of one covered job.
A percentile here is a min-max scaling of average rank: the smallest published value in the cohort is 0 and the largest is 100, and tied values share the average of the ranks they span. It is not the share of entities below the value, so 0 means smallest, not none below. Entities that did not publish the metric are outside the cohort entirely and are counted in neither the rank nor its denominator.
Home values #
Typical home $298,854 (Sep 2026), +4.2% over one year, +26.1% over five
- 70th pct · 917th of 3,063 US counties · median $230,451
- 61st pct · 34th of 87 Minnesota counties · median $270,028
- counties in the Duluth metro: Rank context is unavailable: the manifest lists 3 counties in the Duluth metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Carlton County, MN | $298,854 · +4.2% 1-yr |
Zillow Home Value Index (ZHVI), typical value of homes in the 35th to 65th percentile, smoothed and seasonally adjusted; a model estimate of value, not a sale price. Data through Zillow Research.
Rents #
Zillow publishes no rent index for this area (ZORI covers about 1,400 counties)
- US counties: not published this period
- Minnesota counties: not published this period
- counties in the Duluth metro: Rank context is unavailable: the manifest lists 3 counties in the Duluth metro; fewer than 5 is too few to rank.
Zillow Observed Rent Index (ZORI), smoothed, all homes and multifamily; price-to-rent = typical home / (typical rent × 12).
What the typical home costs to carry #
Principal and interest of $1,655 a month on $298,854 at 7.40%, against an average weekly wage worth $4,836 a month: 34.2% of one job’s pay.
- payment = P·r / (1 − (1+r)^−n), P = $298,854 × 80% = $239,083, r = 7.40%/12 (Freddie Mac PMMS via FRED, 2026-10-15), n = 360 → $1,655/mo principal and interest
- wage share = payment / (avg weekly wage $1,116 × 52 / 12 = $4,836) = 34% of one average job's pay (BLS QCEW 2026 Q1, all covered jobs)
- years of wages = $298,854 / ($1,116 × 52) = 5.1
The wage is one covered job’s average, not a household’s income, so this is the share of a single paycheque and not a mortgage underwriting ratio.
Estimate. Principal and interest on the typical home with 20% down over 30 years at this week's Freddie Mac average rate; compared with the average weekly wage of all jobs covered by unemployment insurance in the area (BLS QCEW), which is pay per job, not household income.
Jobs & wages #
12,716 jobs at 777 employers (2026 Q1); -0.8% jobs and +1.9% average weekly wage over the year
- 60th pct · 1,266th of 3,221 US counties · median 8,232
- 62nd pct · 33rd of 87 Minnesota counties · median 7,739
- counties in the Duluth metro: Rank context is unavailable: the manifest lists 3 counties in the Duluth metro; fewer than 5 is too few to rank.
| Item | Value | Distance |
|---|---|---|
| Carlton County, MN | 12,716 jobs · $1,116/wk · -0.8% YoY |
| NAICS sector | Jobs | Avg weekly wage | Location quotient | Jobs over the year |
|---|---|---|---|---|
| Health care and social assistance | 2,108 | $1,091 | 1.10 | +3.5% |
| Retail trade | 1,407 | $576 | 1.14 | +1.6% |
| Manufacturing | 1,223 | $1,724 | 1.20 | -2.8% |
| Accommodation and food services | 897 | $387 | 0.79 | -8.7% |
| Construction | 660 | $1,835 | 0.99 | -4.9% |
| Wholesale trade | 362 | $1,548 | 0.74 | -2.2% |
| Other services | 302 | $672 | 0.79 | -1.3% |
| Finance and insurance | 282 | $1,616 | 0.54 | +0.4% |
| Administrative and waste services | 149 | $672 | 0.21 | +0.0% |
| Transportation and warehousing | 147 | $1,273 | 0.27 | -7.0% |
| Utilities | 87 | $2,624 | 1.73 | +0.0% |
| Arts, entertainment and recreation | 78 | $359 | 0.37 | +41.8% |
BLS Quarterly Census of Employment and Wages, all ownerships, total covered employment in the quarter's third month; over-the-year changes as published. Suppressed cells stay blank.
Drought #
D3 extreme drought
Sites found: 5, searched within 0 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 0 km away are not.
US Drought Monitor current week; the highest class of any polygon containing the point.
Reservoirs #
No reservoir gauges within 150 km (or the camera is above the gauge altitude)
Sites found: 0, searched within 150 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 150 km away are not.
Σ(capacity × percent full) / Σ capacity over TWDB reservoirs within 150 km. Texas only; elsewhere USGS reservoir elevation/storage is listed without a capacity to normalise by.
Stream gauges #
32 gauges · 0 flooding · 9 with quality panels averaging 100 % · 12 stale
Sites found: 32, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
| Site | Reading | Distance |
|---|---|---|
| USGS-464110092531403 | temp 8.60 °C · quality 100 % (1) · STALE | 19 km |
| USGS-464110092531402 | temp 8.60 °C · quality 100 % (1) · STALE | 19 km |
| USGS-464112092531404 | temp 9.10 °C · quality 100 % (1) · STALE | 19 km |
| USGS-464112092531401 | temp 9.30 °C · quality 100 % (1) · STALE | 19 km |
| USGS-04021520 | stage 3.67 ft | 20 km |
| Kettle River (MN) near Kettle River | no readings | 21 km |
| USGS-04024000 | flow 481.0 ft³/s · quality 100 % (5) · no flooding | 22 km |
| USGS-04024098 | flow 2.00 ft³/s · STALE | 23 km |
| Nemadji River near Pleasant Valley | no readings | 24 km |
| USGS-05218450 | stage 9.50 ft | 33 km |
USGS latest readings screened against EPA freshwater criteria (DO ≥ 5 mg/L, pH 6.5–9, conductance, turbidity, temperature); NWS flood categories where a NWPS gauge is co-located.
Groundwater #
7 wells in 0 named aquifers:
Sites found: 7, searched within 75 km of this place’s internal point. That is a disc around a point, not the area itself: sites outside the boundary are included, and sites inside it further than 75 km away are not.
| Site | Reading | Distance |
|---|---|---|
| USGS-464222092403801 | depth 7.45 ft · 2010-05-02 | 11 km |
| USGS-464322092401401 | depth 4.09 ft · 2010-05-02 | 13 km |
| USGS-464110092531402 | depth 14.0 ft · 2017-04-24 | 19 km |
| USGS-464110092531401 | depth 17.9 ft · 2017-04-24 | 19 km |
| USGS-464110092531403 | depth 14.1 ft · 2017-04-24 | 19 km |
| USGS-464112092531404 | depth 21.2 ft · 2017-04-24 | 19 km |
| USGS-464112092531401 | depth 27.0 ft · 2017-04-24 | 19 km |
USGS latest daily water levels. A single latest reading says where the table is, not which way it is moving; select a well for its 365-day trace.
Water stress #
moderate (0.48)
Σ wᵢ·termᵢ / Σ wᵢ = 0.35×0.75 + 0.2×0.00 / 0.55
Banks & federal dollars #
$470.2 m in deposits at 10 offices of 8 banks (SOD June 2026); HHI 1,705, moderately concentrated. $255.5 m federal obligations in FY2026 (direct payments $240.1 m, grants $15.7 m), $20,096 per covered job
| Item | Value | Distance |
|---|---|---|
| The First National Bank of Moose Lake | $112.4 m · 23.9% share · 2 offices | |
| Wells Fargo Bank, National Association | $98.7 m · 21.0% share · 1 office | |
| Frandsen Bank & Trust | $89.6 m · 19.1% share · 1 office | |
| Carlton, MN | $255.5 m FY2026 · $20,096/job | |
| MULTIPLE RECIPIENTS | $227.6 m · top recipient FY2026 |
| Institution | Deposits | Share | Offices |
|---|---|---|---|
| The First National Bank of Moose Lake | $112,361,000 | 23.9% | 2 |
| Wells Fargo Bank, National Association | $98,678,000 | 21.0% | 1 |
| Frandsen Bank & Trust | $89,590,000 | 19.1% | 1 |
| U.S. Bank National Association | $63,712,000 | 13.6% | 1 |
| Northview Bank | $42,193,000 | 9.0% | 2 |
| National Bank of Commerce | $29,078,000 | 6.2% | 1 |
| Cornerstone State Bank | $19,557,000 | 4.2% | 1 |
| Woodlands National Bank | $15,000,000 | 3.2% | 1 |
Deposit concentration is 1,705 across 8 banks, which the 1995 Department of Justice bank merger screen calls moderately concentrated.
HHI = Σ (share %)² over 8 banks with deposits in the county = 23.9² + 21.0² + 19.1² + … (5 more) = 1,705
FDIC Summary of Deposits: deposits at every insured office as of June 30, annual; HHI is the sum of squared county deposit shares (DOJ 1995 bank merger screen: 1000 / 1800). USAspending: obligations by place of performance for the latest complete federal fiscal year (Oct 1 to Sep 30), what agencies committed, not what they paid out; recipients are legal entities. Per-job divides obligations by BLS QCEW covered employment.
Federal obligations #
USAspending place-of-performance obligations for FY2026, by awarding agency.
| Awarding agency | Obligations |
|---|---|
| Social Security Administration | $189,514,006 |
| Department of Veterans Affairs | $31,506,813 |
| Department of the Interior | $8,625,658 |
| Department of Housing and Urban Development | $7,853,157 |
| Railroad Retirement Board | $6,286,238 |
| Department of Education | $4,222,586 |
| Department of Health and Human Services | $2,345,154 |
| Department of Energy | $2,000,000 |
| Department of Agriculture | $1,023,770 |
| National Science Foundation | $500,000 |
| Department of Justice | $496,940 |
| Department of Commerce | $468,657 |
That is $20,096 per covered job, against 12,716 jobs in the 2026 Q1 QCEW quarter.
per job = FY2026 obligations $255.5 m / 12,716 covered jobs (BLS QCEW 2026 Q1, all ownerships) = $20,096
USAspending obligations are recorded where the work is performed, so a prime award performed here is counted here even when the recipient is headquartered elsewhere. Recipients are legal entities, never people.
National context, not this county #
These are United States, single-gauge, single-state and port series. None of them is keyed to this county.
| Series | Latest | As of | Change |
|---|---|---|---|
| Mississippi River at Memphis, stage · ft | not published | not published | |
| Mississippi River at St. Louis, stage · ft | not published | not published | |
| Ohio River at Louisville, stage · ft | 17.95 | 2026-10-18 | -2.6% |
| Missouri River at St. Joseph, stage · ft | not published | not published | |
| Colorado River below Hoover Dam, flow (Hoover releases) · ft³/s | 5,170.00 | 2026-02-05 | -25.3% |
| Texas reservoirs, statewide percent full · % | 72.20 | 2026-10-19 | +0.0% |
| Laredo truck crossings, monthly · trucks | 258,700.00 | 2026-08-01 | -0.4% |
| Los Angeles + Long Beach container volume, annual · TEU | 10,513,167.00 | 2023-01-01 | -13.5% |
| Containerships waiting for a berth, all US ports · ships | 7.00 | 2026-10-13 | +133.3% |
| Shanghai to Los Angeles container rate · $ per 40 ft box | 7,848.00 | 2026-09-01 | +14.9% |
| US diesel retail price · $ per gallon | unavailable | not published | |
| WTI crude oil, spot · $ per barrel | 101.91 | 2026-10-14 | +1.0% |
| 30-year fixed mortgage rate · % | 7.40 | 2026-10-15 | +0.0% |
| Housing starts, annual rate · thousands of units | 1,275.00 | 2026-08-01 | -2.6% |
| Building permits, annual rate · thousands of units | 1,403.00 | 2026-08-01 | -2.1% |
| Case-Shiller US home price index · index, Jan 2000 = 100 | 337.31 | 2026-07-01 | +0.1% |
| Unemployment rate · % | 4.20 | 2026-09-01 | +2.4% |
| US goods and services trade balance, monthly · $ millions | -105,572.00 | 2026-08-01 | -13.7% |
| Retail sales excluding food services, monthly · $ millions | 652,115.00 | 2026-09-01 | +0.7% |
The indicator registry has no county-keyed series and no geographic selection: every entry is national, a named gauge, a single state or a port. They are here as the backdrop the county's own numbers move against, and they are never this county's readings.
What changed #
Carlton County, MN: 5 findings, 1 at a watch level and 4 noted
watchCarlton County, MN's covered employment is -0.8% against a year earlier, a watch level here: covered employment below the same quarter a year earlier (BLS QCEW over-the-year percent change, as published; not an official level). The previous published period is not in this table, so this is a standing level rather than a change.
Period 2026 Q1.Show the arithmetic
- test: jobs.yoy.emp = -0.8 < 0
BLS QCEW over-the-year percent change, as published; not an official level
noteCarlton County, MN's average weekly wage was 1.9% higher than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- +1.9 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteCarlton County, MN's covered employment was 0.8% lower than the same quarter a year earlier in 2026 Q1, on BLS QCEW's published over-the-year change.
Period 2026 Q1.Show the arithmetic
- -0.8 % = BLS QCEW over-the-year percent change for 2026 Q1, as published
- the newest QCEW file carries no year-earlier level, so no move from one level to another is printed
BLS QCEW over-the-year percent change, as published
noteThe next Unemployment rate (BLS Employment Situation, monthly) covering Carlton County, MN is due between 2026-10-30 and 2026-11-13, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-10-30 to 2026-11-13, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
noteThe next Zillow ZHVI typical home value (monthly) covering Carlton County, MN is due between 2026-11-14 and 2026-11-21, estimated from the publisher's past release pattern.
Show the arithmetic
- window = 2026-11-14 to 2026-11-21, estimated from the publisher's past release pattern
estimated from the publisher's past release pattern; not an announced date
Every finding is produced by a fixed rule table and a fixed sentence for each rule. Nothing here is generated prose.